ZFX - Zinifex Limited
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nizar said:
Some idea of recent industry views on supply and demand, including charts:
http://www.ilzsg.org/pdf/LisbonOutlook.ppt#264,11,Lead Metal Western World Balance
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Clack the CHAMPANGE glasses at $14, 20+.....about time we had some profit takers......Still above previous low....$15 not that far away....and KZL is rising too.....minor sellers to our big profits......Suckers!.....I'm still holding!
Inventories still low and will take 2 years to make a dent in it...DYOR
Possibly trying to lower the price to get better value Imjica,,,,,saw day traders killing us to think a trend was imenant...they baisicaly got punished......there was plenty of support.....Watching closely tomorrow but I would buy at anything less than $13.35....recon it will hit a high tomorrow, just to piss off the panic sellers....lol....
It was a small down....you have to have one to get an up.....
This is not advice...only an opinion...and I just had 7 tripple bourbons!.....DYOR
Inventories still low and will take 2 years to make a dent in it...DYOR
Possibly trying to lower the price to get better value Imjica,,,,,saw day traders killing us to think a trend was imenant...they baisicaly got punished......there was plenty of support.....Watching closely tomorrow but I would buy at anything less than $13.35....recon it will hit a high tomorrow, just to piss off the panic sellers....lol....
It was a small down....you have to have one to get an up.....
This is not advice...only an opinion...and I just had 7 tripple bourbons!.....DYOR
michael_selway
Coal & Phosphate, thats it!
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imajica said:
i dont think the quarterly has anything to expect, its all about zinc price now and maybe the DOW
thx
MS
Out Too Soon
My real name is King Julian ;)
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So right again Pacerpacer said:
& I thought alcohol destroyed brain cells
:michael_selway
Coal & Phosphate, thats it!
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chicken said:
peak hasnt been reached yet on LME imo, so 14 isnt high at all
thx
MS
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Out Too Soon said:So right again Pacer
& I thought alcohol destroyed brain cells
Burp!!!!!
Click my background posts.....I do ok after a few bourbons.....NWR for you speccy traders!
lol....made over grand today.....resmed RMD, on breakout (Thanks to DR DOOM)...ZFX and Kzl......and 4k in the last fortnight....well just look at the graph and invenories.
You can be a UNIT and win.....OTS....diddn't wake up till 12.30....and had the hair of the dog.....and a hanful of panadols
OTS ru still in?
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pacer said:
Re posting....for the hell of it!!!!
michael_selway
Coal & Phosphate, thats it!
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pacer said:
what shars do u currently hold pacer atm (if you dont mind me asking)
thx
MS
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Easy to find out...just click my name and read current posts.....and I definitely hold no WPL
But ....KZL/ZFX long cfd's
NWR,NMS,SLA....and NEO...the dog!....
NWR will be retirement fund....the rest are ok...bar NEO......The junior oiler is my nemisis.....might just buy some more at this price to punnish myself....the trend is your friend.....I thought 1.8c was a good price!....burp!
:
But ....KZL/ZFX long cfd's
NWR,NMS,SLA....and NEO...the dog!....
NWR will be retirement fund....the rest are ok...bar NEO......The junior oiler is my nemisis.....might just buy some more at this price to punnish myself....the trend is your friend.....I thought 1.8c was a good price!....burp!
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Looks my $14.00 top might be a bad call, oh well not too bad.
Good earner for me, and this goes with a nice little AR in OXR...
Still think that ZFX will be subject to profit takers soon, as this type rise tends to end in tears so I will be looking for any type of retracement to lock in those profits.
This is not to say I'll be out of ZFX for long, just a pause ready for the run to $20.00 and beyond by the middle of 07.
Qtrly out in morning...
Cheers
Good earner for me, and this goes with a nice little AR in OXR...
Still think that ZFX will be subject to profit takers soon, as this type rise tends to end in tears so I will be looking for any type of retracement to lock in those profits.
This is not to say I'll be out of ZFX for long, just a pause ready for the run to $20.00 and beyond by the middle of 07.
Qtrly out in morning...
Cheers
Out Too Soon
My real name is King Julian ;)
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Hi, I'm certainly holding on for the ride thx Pacer, I called myself Out Too Soon too keep reminding myself of past mistakes. Of cause this one I was In Too Late, maybe should pay more attn to Chicken when she starts squawkin :
:michael_selway
Coal & Phosphate, thats it!
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Out Too Soon said:Hi, I'm certainly holding on for the ride thx Pacer, I called myself Out Too Soon too keep reminding myself of past mistakes. Of cause this one I was In Too Late, maybe should pay more attn to Chicken when she starts squawkin
When were u in ZFX?
thx
MS
michael_selway said:
Out too soon,
even if u got in a $14 its still early stages for this company. by the end of next year i personally i expect ZFX to double?
so then why dont i hold ZFX?? coz the stocks that i got will more than double
nice divvy from ZFX coming up makes it a stand out though, the best on asx100. it will be in asx50 soon, i think in market cap terms its already there, just waiting for the next quarterly rebalance and that will see the fund managers dip in.
michael_selway
Coal & Phosphate, thats it!
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nizar said:so then why dont i hold ZFX?? coz the stocks that i got will more than double
Which stocks might that be?
thx
MS
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THE BEST SAYING ....it's never to late to get in on a bull run....or a bear market....trade to your limits and not to your EGO!!!!
Zinifex positive after production falls
Email Print Normal font Large font October 26, 2006 - 10:15AM
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AdvertisementMajor lead and zinc producer Zinifex Ltd has predicted strong zinc prices for the rest of the financial year, after posting lower first quarter production due to maintenance issues.
Zinifex chief executive officer Greig Gailey said zinc prices are being supported by tight supply and continued strong demand, particularly from China.
"We remain confident about the outlook for both zinc and lead prices and believe that the supply and demand fundamentals will remain robust," Mr Gailey said.
"Accordingly, we are optimistic for another good financial year for Zinifex."
Lead and zinc hit new highs on Wednesday night with the three month zinc for delivery closing at $US4,040 a tonne on the London Metal Exchange after touching a record $US4,140.
Lead followed suit, recording a new contract high at $US1,590 and closing at $US1,585.
During the September quarter, Zinifex produced 343,250 tonnes of lead and zinc, down from 392,421 tonnes in same period last year, and down from 396,612 tonnes in the June quarter.
Mr Gailey said output was affected by a planned 14-day shutdown of the Century mine concentrator in Queensland, the longest in the mine's history, and lower lead grades.
"Total concentrate output for the September quarter, therefore, fell against the previous quarter and the corresponding quarter last year as anticipated," he said.
"Zinc metal output from our refineries for the September quarter exceeded performance for both the previous quarter and the corresponding quarter last," Mr Gailey said.
"This was driven by near record zinc production at our Hobart and Budel refineries.
However, Zinifex said lead metal production for the September quarter was down on both the prior quarter and corresponding quarter last year due to the 1-in-20 year shutdown at our Port Pirie facility.
"We expect Port Pirie to recover most of these losses over the balance of the financial year," Mr Gailey said.
"Concentrate and metal output is expected to return to more normal levels for the remainder of this financial year, however, we do not expect to fully compensate for the lower concentrate tonnages in the first quarter."
Meanwhile, high electricity prices in the Netherlands continue to dog Zinifex's Budel refinery.
"Although electricity prices in the Netherlands moderated somewhat during the September quarter in line with global oil prices, they remain uncompetitive," Mr Gailey said.
Zinifex said it was in negotiations with various electrical producers in order to address the problem.
Email Print Normal font Large font October 26, 2006 - 10:15AM
Advertisement
AdvertisementMajor lead and zinc producer Zinifex Ltd has predicted strong zinc prices for the rest of the financial year, after posting lower first quarter production due to maintenance issues.
Zinifex chief executive officer Greig Gailey said zinc prices are being supported by tight supply and continued strong demand, particularly from China.
"We remain confident about the outlook for both zinc and lead prices and believe that the supply and demand fundamentals will remain robust," Mr Gailey said.
"Accordingly, we are optimistic for another good financial year for Zinifex."
Lead and zinc hit new highs on Wednesday night with the three month zinc for delivery closing at $US4,040 a tonne on the London Metal Exchange after touching a record $US4,140.
Lead followed suit, recording a new contract high at $US1,590 and closing at $US1,585.
During the September quarter, Zinifex produced 343,250 tonnes of lead and zinc, down from 392,421 tonnes in same period last year, and down from 396,612 tonnes in the June quarter.
Mr Gailey said output was affected by a planned 14-day shutdown of the Century mine concentrator in Queensland, the longest in the mine's history, and lower lead grades.
"Total concentrate output for the September quarter, therefore, fell against the previous quarter and the corresponding quarter last year as anticipated," he said.
"Zinc metal output from our refineries for the September quarter exceeded performance for both the previous quarter and the corresponding quarter last," Mr Gailey said.
"This was driven by near record zinc production at our Hobart and Budel refineries.
However, Zinifex said lead metal production for the September quarter was down on both the prior quarter and corresponding quarter last year due to the 1-in-20 year shutdown at our Port Pirie facility.
"We expect Port Pirie to recover most of these losses over the balance of the financial year," Mr Gailey said.
"Concentrate and metal output is expected to return to more normal levels for the remainder of this financial year, however, we do not expect to fully compensate for the lower concentrate tonnages in the first quarter."
Meanwhile, high electricity prices in the Netherlands continue to dog Zinifex's Budel refinery.
"Although electricity prices in the Netherlands moderated somewhat during the September quarter in line with global oil prices, they remain uncompetitive," Mr Gailey said.
Zinifex said it was in negotiations with various electrical producers in order to address the problem.
